News Formal

Asian stocks step back from record highs on rising bond yields, weak US data

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Asian stocks pulled back from all-time peaks on Friday as higher longer-dated bond yields and underwhelming U.S. data dented investor confidence ...

Asian stocks pulled back from all-time peaks on Friday as higher longer-dated bond yields and underwhelming U.S. data dented investor confidence in a faster economic recovery from the COVID-19 pandemic, while gold hit a seven-month trough.

Since the start of the year, the index has surged nearly 10.5per cent largely led by easy monetary and fiscal policies around the world. Core bond yields have pushed higher globally led by the so-called"reflation trade" where investors wager on a pick-up in growth and inflation. Successful coronavirus vaccine roll-outs so far and hopes of massive fiscal spending under U.S. President Joe Biden have spurred reflation trades.

An unexpected increase in the number of Americans seeking jobless benefits hung heavy on outlook. The Labor Department reported initial unemployment claims rose by 13,000 to 861,000, injecting skepticism about how quickly the U.S. economy could rebound from the global pandemic.On Wall Street, the Dow fell 0.38per cent, the S&P 500 lost 0.44per cent, and the Nasdaq Composite 0.72per cent.The British pound hit its highest in over three years at US$1.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Asian equity futures under pressure after US stocks, oil slideAsian stocks were poised to follow Wall Street lower on Wednesday as the cost of the U.S. stimulus and infrastructure plans and new pandemic curbs ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Asian stocks set to mostly rise after Fed projects US GDP surgeAsian stocks were set for modest gains on Thursday after the Federal Reserve pledged to keep monetary policy and rates unchanged and projected a ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Asian stocks recover on firmer futures, retreat in US yieldsAsian stocks were set for a strong open on Tuesday, helped mostly by global recovery prospects and the passage of a US$1.9 U.S. trillion stimulus ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »